Argentina aims to up exports to Vietnam

A Vietnam-Argentina business matching event takes place in HCM City on November 29 (Photo: VNA)

HCM City (VNA) - Argentina
wants to boost exports of agricultural products to Vietnam and at the same time
buy more Vietnamese products, an agriculture official from the South American
country has said.

Rosario Martearena, undersecretary
for agricultural markets in the Ministry of Agriculture of Argentina, is
leading a trade mission comprising 11 companies to Ho Chi Minh City and Hanoi to
explore trade opportunities.

Speaking at a business matching
event in HCM City on November 29, she said Argentina and Vietnam have a
very good partnership, especially in trade, as shown by their rising trade in
recent years.

Vietnam has become the fourth biggest
importer of Argentina, buying more than 2.5 billion USD worth of products from the
country this year to October.

Nearly half of the Argentinian
companies represented in her delegation have done business with Vietnam and so
already know the market and about businesses here, she said, adding that the
Vietnamese embassy in Argentina is very supportive in providing market
information.

Ho Xuan Lam, deputy director of the
HCM City Investment and Trade Promotion Centre, said his centre and the city
have organised many trade promotion activities including business seminars and
B2B events to acquaint local companies with the Argentinian market and solicit
investment from Argentinian businesses.

Argentina is now one of Vietnam’s
most important trade partner in Latin America.

Bilateral trade topped 2.9 billion
USD last year and is expected to rise to 3.5 billion USD this year.